But if the Dow jumped 2000 points would that not indicate that the overall economy was not being pulled down by the crisis in the credit markets?

And if the crisis could be confined to the credit markets would the solution not be fairly simple: providing increased liquidity, and matching people with money they want to lend with people who are good credit risks and want to borrow?

These are serious questions I’m asking — not points I’m attempting to score. (This is not an area in which I claim expertise.)